601999 Stock | | | 6.70 0.04 0.59% |
Northern United financial indicator trend analysis is infinitely more than just investigating Northern United Publ recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Northern United Publ is a good investment. Please check the relationship between Northern United Operating Income and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Northern United Publ Operating Income account and
Selling General Administrative. At this time, the significance of the direction appears to have no relationship.
The correlation between Northern United's Operating Income and Selling General Administrative is 0.04. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Northern United Publishing, assuming nothing else is changed. The correlation between historical values of Northern United's Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Northern United Publishing are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Northern United's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Operating Income
Operating Income is the amount of profit realized from Northern United Publ operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northern United Publishing is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Selling General Administrative
Most indicators from Northern United's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Northern United Publ current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Northern United Publishing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in nation.
The current year's Selling General Administrative is expected to grow to about 270.9
M, whereas
Tax Provision is projected to grow to (23.5
M).
| 2021 | 2022 | 2023 | 2024 (projected) |
Operating Income | 113.5M | 69.1M | 72.2M | 84.6M | Total Revenue | 2.9B | 2.6B | 2.4B | 1.9B |
Northern United fundamental ratios Correlations
Click cells to compare fundamentals
Northern United Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Northern United fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Northern Stock
Balance Sheet is a snapshot of the
financial position of Northern United Publ at a specified time, usually calculated after every quarter, six months, or one year. Northern United Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Northern United and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Northern currently owns. An asset can also be divided into two categories, current and non-current.